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    FOR SALE
    Office buildings

    3005 Old Dawson Rd, Albany, GA 31721

    11,400 SF 5.52 ac lot Built 1975
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US22-3515976
    Property summary
    AI-generated overview

    This exceptional 11,400-square-foot, single-story commercial building presents a unique investment opportunity in Albany, Georgia. Situated on a generous 5.52-acre lot in the heart of northwest Albany, this property offers unparalleled convenience and accessibility. The building boasts 24 private offices, providing ample space for a variety of business needs. Four handicap-accessible restrooms ensure compliance and inclusivity. A well-equipped kitchen and break room cater to employee comfort, while a dedicated conference room facilitates productive meetings. The property features a covered drop-off area in the rear for convenient access, along with extensive parking to accommodate numerous vehicles. All city utilities are connected, and a partial sprinkler system and alarm system enhance security and safety. Zoned C5c, the property allows for office, institutional, religious, preschool, or other office uses, subject to administrative approval from the Planning Office. Originally constructed as a church and converted to an office building in 2012, this property benefits from its established infrastructure and adaptable layout. Its prime location places it within one to two blocks of banks, insurance companies, and medical offices, ensuring high visibility and convenient access to essential services. The property also offers approximately 650 feet of road frontage and additional access via a public road at the rear, providing excellent ingress and egress. This is a remarkable opportunity to acquire a substantial and well-maintained commercial property in a thriving area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1975
    Construction WOOD
    Total area 11,400 SF
    Lot 5.52 ac (240,451 SF)
    Zoning code R1
    APN 00352/00001/006
    UPID US22-3515976
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $345k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $626k
    Blend (final) Blend
    $515k
    Owner & transaction history
    Albany Advocacy Resource Center INC · 14 yrs held
    Albany Advocacy Resource Center INC
    since 2011
    2 recorded transactions
    2011
    $600,000
    2009
    Zoning & alternative use
    R1 · Albany, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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